Horizon Reclaim (India) Limited
ListedSMEMaterials · BSE
Incorporated in 2006, Horizon Reclaim (India) Ltd. is engaged in the manufacturing of reclaimed rubber, which is produced by recycling used rubber materials such as old tyres, rubber tubes, tread peelings, and industrial scrap. The company offers a diversified product portfolio including natural rubber reclaim used in footwear soles, floor mats, tyre base layers, and moulded rubber products; synthetic rubber reclaim such as EPDM and butyl rubber used in automotive seals, hoses, gaskets, and construction profiles; and crumb rubber used in road construction, sports surfaces, and roofing sheets, available in various grades based on customer requirements. The company primarily operates on a B2B model, supplying to small and medium enterprises and industrial customers, mainly in the northwestern region of India.
Price Band
₹98 – ₹103
Issue Size
₹526.92 L Cr
Lot Size
1200 shares
GMP
₹60
+58.3%
Est. Listing
₹163
at current GMP
Subscribed
304.19x
overall
Open
12 Jun 2026
Close
16 Jun 2026
Allotment
17 Jun 2026
Refund
18 Jun 2026
Demat Credit
19 Jun 2026
Listing
19 Jun 2026
Last updated 3 months ago
Live Grey Market Premium
Horizon Reclaim (India) Limited GMP Today
Last updated: 19 Jun 2026
Current Premium
₹60+58.3%
Issue Price (Upper)
₹103
Band: ₹98 – ₹103
Estimated Listing Price
₹163
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,23,600
Estimated Profit / Lot
₹72,000
1200 × ₹60
Horizon Reclaim (India) Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹60
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹60 | 58.3% | ₹163 |
| 26 Sep 2026 | +₹60 | 58.3% | ₹163 |
| 25 Sep 2026 | +₹54 | 52.4% | ₹157 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Horizon Reclaim (India) Limited Public Issue & Market Profile
Horizon Reclaim (India) Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹52,69,200 Crores. The shares are offered at a price band of ₹98 to ₹103 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,23,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-06-19, while un-allotted funds or UPI block mandates will be released on 2026-06-18.
Frequently Asked Questions
What is Horizon Reclaim (India) Limited IPO GMP today?
The latest grey market premium for Horizon Reclaim (India) Limited IPO is ₹60, which indicates an expected listing price of ₹163.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.